FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
For the month of October No. 2 2006
TOWER SEMICONDUCTOR LTD.
(Translation of registrant's name into English)
RAMAT GAVRIEL INDUSTRIAL PARK
P.O. BOX 619, MIGDAL HAEMEK, ISRAEL 23105
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [_]
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [_] No [X]
On October 30, 2006, Tower Semiconductor announces it Earns Platinum Mark
Award from Standards Institute of Israel for Quality, Safety, Information
Security and Environmental Systems, attached hereto is a copy of the press
release.
This Form 6-K is being incorporated by reference into all effective
registration statements filed by us under the Securities Act of 1933.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
TOWER SEMICONDUCTOR LTD.
Date: October 30, 2006 By: /s/ Nati Somekh Gilboa
--------------------------
Nati Somekh Gilboa
Corporate Secretary
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TOWER SEMICONDUCTOR EARNS PLATINUM MARK AWARD FROM
STANDARDS INSTITUTE OF ISRAEL FOR QUALITY, SAFETY,
INFORMATION SECURITY AND ENVIRONMENTAL SYSTEMS
PRESTIGIOUS PLATINUM MARK AWARD RECEIVED BY VERY FEW COMPANIES IN ISRAEL
MIGDAL HAEMEK, ISRAEL - OCTOBER 30, 2006 - Tower Semiconductor, Ltd., a
pure-play independent specialty wafer foundry (NASDAQ: TSEM; TASE: TSEM), today
announced it has achieved the Standards Institute of Israel's (SII) highest
honor, the `Platinum' Mark which is earned by companies that have achieved more
than five separate certifications.
Tower Semiconductor earned this award by receiving the following six distinct
certifications:
o ISO 9000-2001
o QS9000
o Automotive TS16949 standard
o Safety SI 18001
o Information Security ISO 17799
o Environment ISO 14001 standard
The Platinum Mark was awarded to the company by Israel's Minister of Industry
and Commerce, the honorary Mr. Eli Ishai, and by the General Manager of the SII,
Mrs. Ziva Patir.
The SII conducted a comprehensive audit of Tower's quality, safety, environment
and information security systems and programs for the various certifications.
"The prestigious Platinum Mark is recognition of Tower's commitment to quality
and excellence. It places Tower among the handful top Israeli organizations who
earned the Platinum Mark" said Ziva Patir, General Manager of the SII.
"Our attainment of the Platinum status, as a culmination of the half dozen
different certifications already achieved, exemplifies our strong commitment to
maintain and improve quality, safety, information security and performance
standards that benefit our customers, partners and employees," said Amnon Ben
Ishai, senior vice president, operations of Tower Semiconductor. "Achieving this
status is a very important milestone in our strategic roadmap, as we expand our
fabrication capacity and diversify our product offerings to a growing number of
customers."
ABOUT TOWER SEMICONDUCTOR LTD.
Tower Semiconductor Ltd. is a pure-play independent specialty foundry
established in 1993. The company manufactures integrated circuits with
geometries ranging from 1.0 to 0.13 micron; it also provides complementary
technical services and design support. In addition to digital CMOS process
technology, Tower offers advanced non-volatile memory solutions, mixed-signal,
RF-CMOS and CMOS image-sensor technologies. To provide world-class customer
service, the company maintains two manufacturing facilities: Fab 1 has process
technologies from 1.0 to 0.35-micron and can produce up to 16,000 150mm wafers
per month. Fab 2 features 0.18-micron and below standard and specialized process
technologies, and has the current capacity of up to 15,000 200mm wafers per
month. Tower's Web site is located at www.towersemi.com.
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SAFE HARBOR
This press release includes forward-looking statements, which are subject to
risks and uncertainties. Actual results may vary from those projected or implied
by such forward-looking statements. A complete discussion of risks and
uncertainties that may affect the accuracy of forward-looking statements
included in this press release or which may otherwise affect our business is
included under the heading "Risk Factors" in our most recent Annual Report on
Form 20-F, Forms F-1, F-3 and 6-K, as were filed with the Securities and
Exchange Commission and the Israel Securities Authority. We do not intend to
update, and expressly disclaim any obligation to update, the information
contained in this release.
CONTACTS:
Tower Semiconductor USA
Michael Axelrod, 408-330-6871
pr@towersemi.com
or
Shelton Group
Melissa Conger, 972-239-5119 ext. 137
mconger@sheltongroup.com
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